Inflation Reaches Lowest Level in Over Four Years as April Report Exceeds Expectations
The annual inflation rate in the U.S. dropped to 2.3% in April, which is the lowest level since February 2021. This figure was better than many experts had predicted, as they expected a rate of 2.4%. The Labor Department reported that the consumer price index increased by a seasonally adjusted 0.2% from March to April. … Read more